LooksRare presyoLOOKS

been checking solana on bitget and, not gonna lie, the chart looks kinda erratic. idk if its a real breakout or just noise, but those vibes are hard to ignore

Bitcoin hovers around $80,000 on Friday after facing rejection from its descending trendline the previous day. Ethereum price stabilizes at around $1,500 on Friday after falling almost 3% so far this week. XRP holding support around its 200-day EMA at $1.94 could lead to a recovery. Bitcoin (BTC) and Ethereum (ETH) prices are hovering around $80,000 and $1,500 on Friday after facing rejection from their respective key levels, indicating signs of weakness. Meanwhile, Ripple (XRP) broke and found support around its critical level; maintenance suggests a recovery on the cards. Bitcoin price action remains indecisive: Dead cat bounce or trendline breakout? Bitcoin price was rejected from its daily resistance of $85,000 on April 2 and declined 10.55% until Tuesday. It also reached a new year-to-date low of $74,508 on Monday. However, BTC recovered 8% and closed above $82,600 on Wednesday. The next day, BTC declined 3.64% after facing rejection from its descending trendline (drawn by connecting multiple high levels since mid-January). At the time of writing on Friday, it hovers at around $80,000. Bitcoin’s current price action looks indecisive, and two possibilities can be played out. In a ‘dead cat bounce’ scenario, the market could experience a temporary, short-lived recovery towards the $85,000 resistance level before continuing its downward trend. The daily chart’s Relative Strength Index (RSI) indicator supports a ‘dead cat’ situation after a sharp recovery on Wednesday. Currently, the RSI reads 45, pointing downward after being rejected from its neutral level of 50, indicating a rise in bearish momentum. If the RSI falls sharply, BTC could see a correction ahead. If BTC continues its downward trend, it could extend the decline to retest its next daily support level at $73,072. Conversely, if ETH recovers, it could extend the recovery to retest its important psychological level of $1,700. XRP could recover if its 200-EMA level holds XRP price recovered by 14.28%, breaking above its 200-day EMA at $1.94 on Wednesday. It declined by 4.24% the next day, and the 200-day EMA level was tested. At the time of writing on Friday, it trades slightly above its 200-day EMA level. If the 200-day EMA holds as support, XRP could extend the rally to retest its April 2 high of $2.23. The RSI on the daily chart reads 43 after bouncing off its oversold level of 30 on Tuesday. It points upward toward its neutral level of 50, indicating fading bearish momentum. The RSI must move above its neutral level of 50 for the bullish momentum to be sustained. On the other hand, if XRP closes below its 200-day EMA, it could extend the decline to retest its next support level at $1.77.

Bitcoin's Future Looks Bright 🚀 Bitcoin's potential to reach $1.8 million by 2035 is looking promising 📈, according to analyst Joe Burnett. Burnett shared his insights during Cointelegraph's Chainreaction live show, citing two models that support this prediction: *Key Predictions 🤔* - *Parallel Model:* $1.8 million by 2035 💸 - *Bitcoin 24 Model:* $2.1 million by 2035 🚀 Why Bitcoin Will Thrive 🌟 Burnett believes Bitcoin's advanced technological properties will drive its growth, comparing it to the automobile industry surpassing the horse and buggy industry 🐎🚗. *Potential Milestones 🏆* - *Rivaling Gold's Market Cap:* Bitcoin's market capitalization could rival or surpass gold's $21 trillion, potentially making Bitcoin worth $1 million per coin 💡 Market Sentiment 📊 Despite the optimistic predictions, investors are currently cautious due to global trade tensions and tariff uncertainty 🌪️. Some are opting for safer assets like gold, which has seen a 23% increase in price this year 💎. *What's Next? 🔮* Will Bitcoin reach $1.8 million by 2035? 🤔 Only time will tell, but one thing is certain - the future of cryptocurrency is looking bright 🌟.$BTC

M2 in ghibli looks even more bullish for btc

Crypto liquidity index grows and analysts expect a massive breakout could liquidate $8 billion in shorts if Bitcoin ( $BTC ) price reclaims $90,000 price. The crypto market seems like it is finally on its way to a real recovery, one that will propel the entire market towards higher prices in the coming weeks and months ahead. In particular, analysts are marking this expected pump to come from the growing crypto liquidity index. Specifically, they expect a massive breakout that could liquidate $8 billion is BTC short when Bitcoin price hits $90,000. Crypto Liquidity Index Grows Q1 of 2025 was meant to usher in greater ATHs for Bitcoin (BTC) and welcome a flourishing altseason where altcoin prices were set to skyrocket and set new ATHs of their own. However, Q1 ended up becoming a bearish quarter with every month closing in lower red closes. In turn, the price of BTC fell drastically and the altcoin prices followed suit falling to lower lows and taking bullish sentiment down with it. One of the biggest reasons attributed to the fall was lack of liquidity. Several reputed analysts said the bull phase was delayed due to market conditions but the biggest reason was low liquidity, and it is liquidity that moves markets. Thus, these seasoned analysts accumulated or held their assets as liquidity could have arrived at any moment. The most recent event was Trump’s tariff war, the start of the tariff led to high liquidations in both the stock and crypto markets. This move led to major FUD with analysts expecting much greater dips of 80% – 90% price dumps in the coming days. Instead, Trump announced a suspension of tariffs for 90-days on every tariff except those aimed at China. As a result, the crypto and stock market books with total market cap in crypto pumping to $2.5 trillion and $4 trillion flowed into the US stock market. This has brought back market sentiment to bullish levels, and with it a massive flow of liquidity. $8 Billion in Bitcoin Shorts Are Set to Liquidate if BTC Reclaims $90,000 As we can see from the post above, that the liquidity index is shaping up just like the previous run and that the last time this happened, the crypto market experienced a massive breakout. Presently, with the similar bullish indicators, this analyst believes that a bullish breakout is on the horizon. He says that these are just the starting stages of a much greater run and looks forward to seeing what’s next for crypto. According to CoinMarketCap analytics, the price of BTC is at $83,000. If the bullish pump continues for the pioneer crypto asset, and the price of BTC reclaims $90,000 price targets, then the crypto market will likely see a $8,000,000,000 worth of Bitcoin shorts liquidated when BTC hits $90,000.